Canadian Satellite Radio’s Q3 overall revenue up $64.6 million

Canadian Satellite Radio Holdings Inc. (CSR) has posted its third-quarter results, which reflect continued growth in its subscriber base as well as an increase in its overall revenue. The parent of Sirius XM Canada, the country’s only satellite radio company, CSR also posted a reduced third-quarter loss. It said its loss for the three months ended May […]

Canadian Satellite Radio Holdings Inc. (CSR) has posted its third-quarter results, which reflect continued growth in its subscriber base as well as an increase in its overall revenue.

The parent of Sirius XM Canada, the country’s only satellite radio company, CSR also posted a reduced third-quarter loss. It said its loss for the three months ended May 31 was about $4.2 million with $64.6 million of overall revenue.

The total number of subscribers to its satellite radio services increased by about 200,000 from a year earlier to 2.1 million, including 1.5 million self-paying subscribers.

CSR’s year-earlier quarterly net loss was $9.1 million with $59.7 million of revenue from 1.9 million subscribers, including 1.3 million self-paying.

In the previous quarter, CSR had a $2.7 million net loss with $63.8 million of revenue and 2.0 million subscribers, including 1.45 million self-paying.

For the first nine months of CSR’s financial year, net loss was $10.3 million down from $20.8 million in 2011 while revenue was $191.5 million, up from $177.3 million last year.

Media Articles

NY senator: ‘Spying billboards’ may violate privacy rights

Clear Channel Outdoor Americas' Radar program called into question

Of course Russell Simmons is opening his own ad agency

The in-house content route is best taken by media who aren't brand-friendly otherwise

C2 Montréal turns five: The CEO’s perspective

Richard St.-Pierre on why this year's conference is focused on 'The Many'

On The Move: Changes at Loopmedia, 6S, Climax Media

A weekly update of who's headed where in Canadian marketing and communications

Facebook Canada opens new HQ’s doors to non-profits

Heart & Stroke and others share how they're using social in marketing

A&C wins multiple accounts, adds five team members

Agency adds Food Basics, San Pellegrino and more to its client roster

Pomp & Circumstance stages Bacardi’s latest launch

Toronto PR firm hosts interactive theatre experiences to promote new malts

The Mint Agency lands a client of its (digital) dreams

Toronto agency tasked with expand music festival's reach and audience

What marketers can (and can’t) learn from studying social data

CMDC event features a computer scientist tracking Facebook and Twitter usage